The Australian dollar got a bit of a boost in today’s Asian trading session, as the NAB business confidence index climbed from 7 to 8 in June, reflecting stronger optimism among businessmen. Also released today was the Japanese current account surplus, which widened from 0.13 trillion JPY to 0.38 trillion JPY, more than twice as much as the estimated 0.17 trillion JPY surplus.

AUD/USD has climbed 6 pips shy of the .9400 handle while AUD/JPY continued to consolidate around the 95.50 handle. NZD/USD is up roughly 40 pips as of this writing, with NZD/JPY holding on to a 28-pip gain from its session lows near 89.00.

Yen pairs made a bit of a bounce when BOJ Deputy Governor Nakaso emphasized the need to achieve their 2% inflation target as soon as possible. Perhaps some traders priced in the possibility of additional easing from the BOJ later on, leading to a bit of yen weakness.

In the next few hours, Germany and France are set to print their trade balance figures. Germany might show a smaller surplus of 15.7 billion EUR while France could print a larger deficit of 4.1 billion EUR, with weaker than expected results likely to push the euro lower. Also due today are the U.K. manufacturing production and Halifax HPI figures, both of which could allow the pound to extend its gains if the actual results beat expectations.

Allow us (me in particular) to commend you, and all the people behind babypips working silently in the background, for a job excellently done.

I have learned a lot in the school & quizzes without spending money as compared with most trading schools asks before you can learn anything.

I am very new in trading & really in baby steps trying to understand & learn concepts & principles. Babypips made those steps earlier. The strategy is to master first the essentials before going to actual trade in the hopes of not being eaten alive by sharks of the trade.

Again, thank you. Probably, the reason for your success is your willingness to share & teach what you learn and in the process, blessing come to you in ways more than one.